Quality Power Electrical IPO

Quality Power Electrical Equipments Limited is an Indian company catering to global clients in critical energy transition equipment and power technologies. It specializes in high-voltage electrical solutions for power generation, transmission, distribution, and automation. The company also develops advanced equipment for large-scale renewables. Its ISO 17025:2017 accredited testing lab ensures compliance with Indian and international standards up to 765kV. With over two decades of expertise, it plays a key role in energy transition through HVDC, FACTS, and grid interconnection solutions.

IPO Strengths

• A leading global energy transition and power technology player, serving diverse industries and positioned to gain from the global shift towards decarbonisation and renewable energy.

• Proven history of growth and strong financial performance.

• Broad customer base of global enterprises with enduring partnerships.

• Extensive product portfolio in energy transition equipment and power technologies, both in India and internationally, with significant trade barriers.

• Successful track record of strategic acquisitions and an expanding order book driving growth.

• Strong research and development capabilities for future-ready solutions.

• Experienced management team with deep industry expertise.

Quality Power Electrical IPO Key Financials (in ₹million)

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3588.84	3122.39	2528.56
Revenue	3005.97	2532.50	1826.38
Profit After Tax	554.74	398.92	422.27
Reserves and Surplus	810.36	1119.50	923.90
Total Borrowings	382.79	106.07	115.18

Quality Power Electrical Equipments Limited Upcoming IPO Details

Category	Details
Issue Type	Book Built Issue IPO
Total Issue Size	Fresh Issue: 52,94,118 shares (aggregating up to ₹225.00 Cr) Offer for Sale: 1,49,10,500 shares of ₹10 (aggregating up to ₹633.70 Cr)
Price Range	₹401 to ₹425 per share
Lot Size	26 Shares
Face Value	₹10 per share
Listing Exchange	NSE, BSE
Pre-IPO Shareholding	7,21,50,000 shares
Post-IPO Shareholding	7,74,44,118 shares

Quality Power Electrical Equipments IPO Important Dates

IPO Activity	Date
IPO Open Date	14 February 2025
IPO Close Date	18 February 2025
Basis of Allotment	19 February 2025
Refunds Initiation	20 February 2025
Credit of Shares to Demat	20 February 2025
Listing Date	21 February 2025

Quality Power IPO Lots

Application	Lots	Shares	Amount
Retail (Min)	1	26	₹11,050
Retail (Max)	18	468	₹1,98,900
S-HNI (Min)	19	494	₹2,09,950
S-HNI (Max)	90	2,340	₹9,94,500
B-HNI (Min)	91	2,366	₹10,05,550

Quality Power Electrical Equipments IPO Lead Managers

Lead Managers

Pantomath Capital Advisors Private Limited

Quality Power Electrical Equipments Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	5.19
Price/Earnings (P/E) Ratio	TBD
Return on Net Worth (RoNW)	29.15%
Net Asset Value (NAV)	26.38
Return on Equity	29.15%
Return on Capital Employed (ROCE	19.20%
EBITDA Margin	12.68%
PAT Margin	16.74%
Debt to Equity Ratio	0.20

Quality Power Electrical IPO Peer Group Comparison

Name of the Company	Total Revenue (₹ in million)	Face Value (₹)	P/E (₹)	EPS  (₹)	RoNW (%)	NAV (₹ per share)
Quality Power Electrical Equipments Limited	3,005.97	10.00	[●]	5.19	29.15	26.38
Peer Group
Transformers & Rectifiers (India) Limited	12,946.76	1.00	219.58	3.24	8.35	39.49
Hitachi Energy India Ltd	52,374.90	2.00	300.81	38.64	12.04	320.86
GE T&D India Limited	31,679.10	2.00	222.02	7.07	14.57	48.54

Objectives of the Proceeds

• Payment for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited, ₹1,170.00 million.

• Funding capital expenditure for purchasing plant and machinery, ₹267.79 million.

• Funding inorganic growth through unidentified acquisitions and strategic initiatives, along with general corporate purposes.